Denmark remains a global leader in decarbonising its economy and is on track to meet its ambitious goal of becoming a low-carbon economy by the middle of the century, according to the International Energy Agency’s latest reviews of the country’s energy policies.
Energy is key to global development, but the world’s poorest and most vulnerable nations fare up to six times worse than their more industrialized counterparts when it comes to accessing the vital resource.
On the occasion of 6th Convocation of Pandit Deendayal Petroleum University (PDPU) at Gandhinagar, India held on 23rd September 2017, Honb’le Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan had addressed the gathering of graduating students, parents, faculty, media and energy experts.
Despite seven weeks of inventory withdrawals, the global oil market has failed to translate this effect into a sustainable and significant oil price increase. Doubts remain. As reported, OPEC production has edged up. The compliance rate among OPEC and NOPEC members of the Vienna deal, extended to March 2018, has fallen. US production has added more barrels to global production.
Perusing through my morning news digest, I came across an article from The Daily Mail featuring a story on the employment of child labor in cobalt mines in the Democratic Republic of Congo (DRC).
Propelled by the 2016 Paris Agreement there is global impetus towards clean renewable energy. The need now is to invest in ‘paradigm shifting technology’ to fuel clean development,and with the help of think tank reports and energy expert analysis we have clearer understanding of what the harbingers of this endeavour are: biomass, geothermal, wind power, solar, ocean energy, biofuel, and hydro*.
The causes of energy transformation are essentially the need and consumption of the energy resources in the increasing growing humanity, especially since the industrial era, whether in tangible or intangible form of energy products such as electricity or heat.